Finance News: Latest Financial News, Finance News today in Bangladesh

Banks seek intraday liquidity facility as quick-fix substitute

Commercial banks of Bangladesh demand introduction of intraday liquidity facility (ILF) as a quick-fix substitute for them to avoid likely payment gridlock following the phasing out of existing repo facility.Treasury heads of the commercial placed the demand Monday at a meeting with the monetary policy unit of Bangladesh Bank (BB),...

Court orders freezing 358 bank accounts

A Dhaka court has ordered freeze on 358 bank accounts of beleaguered business-tycoon Salman F Rahman, also former adviser to ousted premier Sheikh Hasina, and his family members and close associates.The court order came Monday on a petition filed by the Anti-Corruption Commission (ACC) seeking to freeze the bank accounts...

India also ought to decide what relationship it wants

India also has to decide what kind of relationship it wants with Bangladesh, says foreign adviser Touhid Hossain is response to the comments of his Indian counterpart S Jaishankar. "Mr Jaishankar said that Bangladesh has to decide what kind of relationship it wants with India, and my comment on that...

Cox's Bazar airbase comes under attack

COX'S BAZAR, Feb 24: Dozens of miscreants clashed with members of the air force in Cox's Bazar on Monday following an altercation at a checkpoint, leaving one youth dead and several others injured.The incident took place at Samitipara of the municipality near the under-construction airbase around noon. Confirming the matter,...

Combined patrols set to begin: Home adviser

The government was set to deploy combined patrol teams across the country from Monday night in a bid to curb the growing incidents of crime and strengthen public security, Home Affairs Adviser Lt-General (retd) Md Jahangir Alam Chowdhury said.Law enforcement agencies would ramp up their activities as incidents of mugging...

Gold trader shot, robbed of jewellery in Banasree

A gold trader was shot and robbed of 200 bhoris of gold and Tk 0.1million (Tk 1 lakh) in the capital's Banasree area on Sunday night.The victim was identified as Anwar Hossain, 55. He sustained bullet injuries in the attack and was rushed to Dhaka Medical College Hospital where he...

Army to remain deployed until there is elected govt

SAVAR, Feb 24 (UNB): Chief of Army Staff General Waker-Uz-Zaman on Monday said the army must continue working to maintain law and order until there is an elected government."We initially thought that the mission would be completed quickly, allowing us to return to the cantonment. However, we have remained deployed...

No revision, no new pay scale now

Neither will there be revision of the national pay scale nor a new pay commission be formed during this interim period as the current government decides to leave the onus to its elected successor.Such a stance is taken on assumption that the next government could be formed in January if...